Women’s IPL 2023: Adani Group, Haldiram and many others enter race to buy franchises

More than 30 companies including Gulf Giants (Adani Group) and Sharah Warriors (Capri Global) are said to be interested in purchasing franchises for the upcoming Women's IPL tournament.

Five teams will compete against one another for the coveted championship when the brand-new competition debuts in early 2023.

According to a Cricbuzz report, more than 30 companies have responded to the BCCI's invitation to tender (ITT) document in order to purchase the five franchises. Fans should be aware that purchasing the tender does not guarantee the buyer will make a bid for the team.

The team owners of the existing ten IPL teams are included on the list of interested companies. Gulf Giants (Adani Group) and Sharah Warriors (Capri Global) have both expressed interest in purchasing WIPL franchises. Haldiram, a manufacturer of snacks and sweets, has also purchased ITT.

APL Apollo, Shriram Group, Nilgiri Group, Chettinad Cement, JK Cement, and AW Katkuri Group are among those who have accepted the ITT. GMR Sports and JSW Sports, the co-owners of the IPL franchise Delhi Capitals, have purchased the tender separately.

There are currently no Bollywood celebrities on the list of interested parties, aside from Shah Rukh Khan, Juhi Chawla, and Preity Zinta (current co-owners of IPL franchises).

According to Cricbuzz, the BCCI's requirement that an applicant has a net worth of Rs 1,000 crore before they can bid for a franchise has deterred Bollywood celebrities from purchasing the document.

It will be interesting to see which of the aforementioned businesses is able to finally purchase the Women's IPL franchises. Fans wouldn't be shocked if, like in South Africa's SA20, the current IPL franchise owners win the auction as the women's division is another area where all the teams would like to expand their brands.

Also Read: 'Per match value of Rs 7 cr': Women's IPL media rights for 2023-27 bagged by Viacom for Rs 951 cr

Also Read: Women's IPL: BCCI sets base price at Rs 400 crore for five teams